Report Update Apr 1, 2024

Nigeria - Bigeye Tuna - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Nigeria: Bigeye Tuna Market 2022

Bigeye Tuna Market Size in Nigeria

The Nigerien bigeye tuna market amounted to $X in 2019, flattening at the previous year. In general, consumption recorded a relatively flat trend pattern.

Bigeye Tuna Production in Nigeria

In value terms, bigeye tuna production amounted to $X in 2020 estimated in export prices. Over the period under review, production recorded a relatively flat trend pattern. Bigeye tuna production peaked in 2020 and is expected to retain growth in the near future.

Bigeye Tuna Exports

Exports from Nigeria

In 2020, approx. X kg of bigeye tuna were exported from Nigeria; therefore, remained relatively stable against the previous year's figure. In general, exports continue to indicate a relatively flat trend pattern. Over the period under review, exports attained the peak figure in 2020 and are likely to see steady growth in the immediate term.

In value terms, bigeye tuna exports totaled $X in 2020. Over the period under review, exports showed a relatively flat trend pattern. Over the period under review, exports reached the maximum in 2020 and are likely to continue growth in the immediate term.

Exports by Country

The United Arab Emirates (X kg) was the main destination for bigeye tuna exports from Nigeria, with a approx. X% share of total exports.

From 2007 to 2020, the average annual growth rate of volume to the United Arab Emirates was relatively modest.

From 2007 to 2020, the average annual growth rate of value to the United Arab Emirates was relatively modest.

Export Prices by Country

The average bigeye tuna export price stood at $X per ton in 2020, almost unchanged from the previous year. In general, the export price saw a relatively flat trend pattern. Over the period under review, average export prices attained the maximum in 2020 and is expected to retain growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2007 to 2020, the rate of growth in terms of prices for the United Arab Emirates amounted to X% per year.

Bigeye Tuna Imports

Imports into Nigeria

In 2020, supplies from abroad of bigeye tuna decreased by X% to X kg for the first time since 2017, thus ending a two-year declining trend. Over the period under review, imports continue to indicate a dramatic decline. Imports peaked at X tons in 2014; however, from 2015 to 2020, imports remained at a lower figure.

In value terms, bigeye tuna imports stood at $X in 2020. Overall, imports saw a sharp curtailment. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2020, imports remained at a lower figure.

Imports by Country

In 2017, Italy (X kg) was the main bigeye tuna supplier to Nigeria, accounting for a approx. X% share of total imports.

From 2007 to 2017, the average annual growth rate of volume from Italy was relatively modest.

In value terms, Italy ($X) constituted the largest supplier of bigeye tuna to Nigeria.

From 2007 to 2017, the average annual rate of growth in terms of value from Italy was relatively modest.

Import Prices by Country

In 2017, the average bigeye tuna import price amounted to $X per ton, remaining stable against the previous year. Overall, the import price posted significant growth. The import price peaked in 2017 and is likely to continue growth in the near future.

As there is only one major supplying country, the average price level is determined by prices for Italy.

From 2007 to 2017, the rate of growth in terms of prices for Italy amounted to X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for bigeye tuna in the world?

The countries with the highest volumes of bigeye tuna consumption in 2020 were Japan, Taiwan Chinese) and Thailand, together comprising 63% of global consumption. These countries were followed by China, South Korea, Ecuador, France and Mauritius, which together accounted for a further 21%.

What are the largest producers of bigeye tuna in the world?

The countries with the highest volumes of bigeye tuna production in 2020 were Taiwan Chinese), China and South Korea, together comprising 69% of global production. France, Ecuador, Panama, Indonesia, Oman and Singapore lagged somewhat behind, together comprising a further 21%.

What are the leading suppliers of bigeye tuna to Nigeria?

In value terms, Italy constituted the largest supplier of bigeye tuna to Nigeria.

What is the average export price for bigeye tuna in Nigeria?

The average bigeye tuna export price stood at $7,447 per ton in 2020, approximately mirroring the previous year.

What is the average import price for bigeye tuna in Nigeria?

The average bigeye tuna import price stood at $5,649 per ton in 2017, approximately mirroring the previous year.

This report provides an in-depth analysis of the bigeye tuna market in Nigeria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.

Product coverage:

Country coverage:

Nigeria

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Nigeria
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023